Standard-rated supplies of property
This document is only available with a paid isurv subscription.
It is possible to make what is known as an option to tax in respect of land and buildings. This transforms the otherwise VAT-exempt supply of land into a VAT standard-rated supply. The most recent HMRC guidance on the option to tax is in Notice 742A: Opting to tax land...Explore the subscription options here to get full access to isurv, including downloads.
Try isurv for free!
You can get instant access to a free, 7-day trial of isurv simply by filling in the free trial form. Please note that the free trial includes full access to isurv with the exception of downloadable content which is only available with a paid subscription.
Sign up for the isurv newsletter, to receive a monthly round-up of the latest isurv updates.
For further questions, don't hesitate to call: +44(0)247 686 8555.